Kinnevik owns 13.15% of Rocket Internet after capital increase
(Thomson Reuters ONE) -
Investment AB Kinnevik today announced that following Rocket Internet's
announcement of an additional capital raise of EUR 589m or 7.8% of the equity
through a private placement to a limited number of international institutional
investors, Kinnevik ownership of 21,716,964 shares correspond to 13.15% of
capital and votes in Rocket Internet.
The share price in the equity raise was 49 EUR per share. At this share price,
Rocket Internet's value in the Kinnevik Net Asset Value amount to SEK
10,140m[1] compared to SEK 10,620m in the year-end report.
The information is of such character, which Kinnevik shall disclose in
accordance with the law on Trading with Financial Instruments (1991:980) and/or
the Securities Market Act (2007:528). The information was distributed for
disclosure at 09.15 CET on 13 February 2015.
For further information, visit www.kinnevik.se or contact:
Torun Litzén, Director, Investor Relations Phone +46 (0)8 562 000 83
Mobile +46 (0)70 762 00 83
Investment AB Kinnevik is a leading, long-term oriented, investment company
based in Sweden. Kinnevik primarily invests in consumer centric businesses that
provide innovative and value-added technology-enabled services. Our main areas
of focus are the Communications, e-Commerce, Entertainment and Financial
Services sectors. We own significant stakes in over 50 companies that operate in
more than 80 countries across five continents, with a particular emphasis on
growth markets. The Kinnevik Group employs more than 90 000 people around the
world.
Kinnevik actively supports the companies in which it invests and plays an
influential role on their respective Boards. Kinnevik was founded in 1936 by
three Swedish families who continue to play a leadership role in the ownership
of the Company and in the pursuit of its entrepreneurial ventures.
Kinnevik's shares are listed on Nasdaq OMX Stockholm's list for large cap
companies under the ticker codes KINV A and KINV B.
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[1] Using an exchange rate of 9.53 SEK/EUR.
Press release:
http://hugin.info/1114/R/1894364/671584.pdf
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Kinnevik via GlobeNewswire
[HUG#1894364]
Unternehmensinformation / Kurzprofil:
Datum: 13.02.2015 - 09:15 Uhr
Sprache: Deutsch
News-ID 371504
Anzahl Zeichen: 3112
contact information:
Town:
STOCKHOLM
Kategorie:
Business News
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